Tan Delta Systems PLC
Tan Delta Systems plc engages in the development, manufacture, and sale of oil sensors in the United Kingdom, Europe, North and South America, Asia, and the Middle East. The company offers oil quality sensors; kits, including mobile oil test, display, and gateway kits; accessories, such as gateways, display express, gateway hubs, manifolds, and cables; and oil profiling services. It serves the bi… Read more
Tan Delta Systems PLC (TAND) - Total Assets
Latest total assets as of June 2025: GBX3.23 Million GBX
Based on the latest financial reports, Tan Delta Systems PLC (TAND) holds total assets worth GBX3.23 Million GBX as of June 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Tan Delta Systems PLC - Total Assets Trend (2020–2024)
This chart illustrates how Tan Delta Systems PLC’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tan Delta Systems PLC - Asset Composition Analysis
Current Asset Composition (December 2024)
Tan Delta Systems PLC's total assets of GBX3.23 Million consist of 94.2% current assets and 5.8% non-current assets.
| Asset Category | Amount (GBX) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | GBX0.00 | 70.4% |
| Accounts Receivable | GBX271.96K | 6.2% |
| Inventory | GBX733.14K | 16.7% |
| Property, Plant & Equipment | GBX0.00 | 0.0% |
| Intangible Assets | GBX111.93K | 2.6% |
| Goodwill | GBX0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how Tan Delta Systems PLC's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Tan Delta Systems PLC's current assets represent 94.2% of total assets in 2024, an increase from 67.7% in 2020.
- Cash Position: Cash and equivalents constituted 70.4% of total assets in 2024, up from 25.6% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 2020.
- Asset Diversification: The largest asset category is inventory at 16.7% of total assets.
Tan Delta Systems PLC Competitors by Total Assets
Key competitors of Tan Delta Systems PLC based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Zhundong Petroleum
SHE:002207
|
China | CN¥399.19 Million |
|
Yantai Jereh Oilfield Services Group Co Ltd
SHE:002353
|
China | CN¥38.08 Billion |
|
China Oil HBP Science & Technology Co Ltd
SHE:002554
|
China | CN¥5.76 Billion |
|
Zhejiang Renzhi Co Ltd
SHE:002629
|
China | CN¥269.97 Million |
|
Reservoir Link Energy Bhd
KLSE:0219
|
Malaysia | RM215.28 Million |
|
Ocean Vantage Holdings Bhd
KLSE:0220
|
Malaysia | RM108.28 Million |
|
Aker Solutions OL
F:1AKA
|
Germany | €38.35 Billion |
|
Prime Oil Chemical Service Corp
TW:2904
|
Taiwan | NT$1.82 Billion |
Tan Delta Systems PLC - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Tan Delta Systems PLC generates 0.28x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Tan Delta Systems PLC is currently not profitable relative to its asset base.
Tan Delta Systems PLC - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 15.28 | 16.29 | 1.78 |
| Quick Ratio | 11.78 | 14.43 | 1.21 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | GBX2.83 Million | GBX 4.16 Million | GBX 328.00K |
Tan Delta Systems PLC - Advanced Valuation Insights
This section examines the relationship between Tan Delta Systems PLC's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 9.01 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -20.2% |
| Total Assets | GBX4.38 Million |
| Market Capitalization | $3.30K USD |
Valuation Analysis
Below Book Valuation: The market values Tan Delta Systems PLC's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Tan Delta Systems PLC's assets decreased by 20.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Tan Delta Systems PLC (2020–2024)
The table below shows the annual total assets of Tan Delta Systems PLC from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | GBX4.38 Million | -20.21% |
| 2023-12-31 | GBX5.49 Million | +422.19% |
| 2022-12-31 | GBX1.05 Million | +45.77% |
| 2021-12-31 | GBX721.00K | +12.48% |
| 2020-12-31 | GBX641.00K | -- |